Why Real Estate is the best long term investment.

- Over the past 30 years, home values have risen more than 6 per cent annually.

- On average, the value of a home nearly doubles every 10 years.

- 60 percent of the average homeowner's wealth comes from their home's equity

- The average homeowner's net worth is $171,000- that's nearly 46 times that of a renter's, who has an average net worth of $4800.

- Homeowners benefit from the power of leverage. At an annual appreciation of 5 percent, a 10 percent down payment on a home will return 94 percent after 3 years. After 5 years, the rate of return increases to 225 percent and after 10 years, 623 percent.

所有跟帖： 

• In the past 30 years, how much has the average home footage incr -故事新编- ♂ (70 bytes) () 01/28/2008 postreply 09:29:28

• Right, the houses are much larger now. But look at the same hous -va_landlord- ♂ (212 bytes) () 01/28/2008 postreply 09:47:54

• Then some house in bad neighborhood see a big price drop -故事新编- ♂ (0 bytes) () 01/28/2008 postreply 10:01:19

• 但是，没有人愿意买高卖低。 ---河南人--- ♂ (18 bytes) () 01/28/2008 postreply 10:03:26

• Of course! But when you aim at long term, RE is the best! -va_landlord- ♂ (0 bytes) () 01/28/2008 postreply 10:26:48

• Do you think this statement is right? -万事达- ♂ (455 bytes) () 01/28/2008 postreply 10:05:03

• Do your calculation -va_landlord- ♂ (366 bytes) () 01/28/2008 postreply 10:25:41

• You forgot some numbers such interest, tax .... ---河南人--- ♂ (760 bytes) () 01/28/2008 postreply 10:55:45

• You lived in the house, right? -va_landlord- ♂ (94 bytes) () 01/28/2008 postreply 11:45:55

• congratulations! does the current RE market in VA -UUMA- ♂ (115 bytes) () 01/28/2008 postreply 10:39:21

• I lost $400K in equity 2005-2007, but do I care? -va_landlord- ♂ (42 bytes) () 01/28/2008 postreply 11:47:20

• Don't agree with you on some points -freewilly- ♂ (1509 bytes) () 01/28/2008 postreply 10:52:51

• reply -va_landlord- ♂ (2076 bytes) () 01/28/2008 postreply 11:57:05

• Thought you were trying to energize the board, but maybe not... -屋漏痕- ♂ (1355 bytes) () 01/28/2008 postreply 10:59:27

• see my reply above -va_landlord- ♂ (0 bytes) () 01/28/2008 postreply 11:59:00

• See how I have beaten Vegas for 25 years in a row! -屋漏痕- ♂ (746 bytes) () 01/28/2008 postreply 12:14:36

• 是这道理,...其实人人都知道过去,但问题是是否相信将来? -thornbird888- ♂ (0 bytes) () 01/28/2008 postreply 14:07:13